Blockchain News - Bitcoin

Thursday, January 25, 2024

North Korea set new record by number of crypto hacks in 2023, data shows

North Korea-linked hackers stole nearly $430 million from decentralized finance and also targeted centralized services, exchanges, and wallet providers in 2023.



Chainalysis, a blockchain forensic firm, says North Korea-affiliated hacking groups hit record in terms of attempted attacks against decentralized finance (defi) as well as centralized platforms like exchanges in 2023.


According to the firm’s latest report, hacking groups Kimsuky and Lazarus Group have deployed 20 successful attacks against various platforms, netting around $1 billion worth of crypto in 2023, a 41.7% decrease in terms of stolen money compared to 2022.




 North Korea-linked hackers stole nearly $430 million from decentralized finance and also targeted centralized services, exchanges, and wallet providers in 2023. Chainalysis, a blockchain forensic firm, says North Korea-affiliated hacking groups hit record in terms of attempted attacks against decentralized…


SEC delays decision on BlackRock’s Ethereum spot ETF launch

 The Securities and Exchange Commission (SEC) has delayed its decision on BlackRock’s application to launch a spot Ethereum (ETH) ETF to March.


According to a document on the SEC website, a new decision on the application, which was supposed to be made on Jan. 25, is now expected on March 10, 2024. SEC representatives explained their decision due to the lack of time to review all the application details.


On Jan. 19, 2024, the Commission postponed the decision on the application to launch a spot Ethereum-ETF from Fidelity. A new deadline has also been set for March.


Several companies, including BlackRock, have filed papers to open an Ethereum-based spot fund. Company CEO Larry Fink said he supports the launch of this product category. JPMorgan Chase noted that the SEC will unlikely approve this class of funds in the spring of 2024. Among other things, they also pointed out the uncertain status of Ethereum.


The media expects the SEC to approve the launch of spot Ethereum ETFs by the end of summer 2024. In citing her sources, Fox Business journalist Eleanor Terrett noted that Ethereum’s “opaque” status may complicate the process. However, her source doesn’t think so. According to him, the Commodity Futures Trading Commission already positions the asset as a commodity.

Friday, July 7, 2023

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